CREDITACCESS GRAME (India) Today

CREDITACC -  India Stock  

INR 671.15  3.90  0.58%

CREDITACCESS GRAME is trading at 671.15 as of the 30th of July 2021, a 0.58 percent up since the beginning of the trading day. The stock's open price was 667.25. CREDITACCESS GRAME has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for CREDITACCESS GRAME are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of July 2020 and ending today, the 30th of July 2021. Click here to learn more.
 Market Performance
5 of 100
  Odds Of Distress
Less than 37
Follow Valuation Odds of Bankruptcy
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CREDITACCESS GRAME Stock Profile

CreditAccess Grameen Limited, a non-banking financial company, provides micro finance services for women from poor and low income households in India. CreditAccess Grameen Limited was incorporated in 1991 and is headquartered in Bengaluru, India. CREDITACCESS GRAME operates under Credit Services classification in India and is traded on National Stock Exchange of India. more on CREDITACCESS GRAME
CREDITACCESS GRAME has accumulated about 24.84 B in cash with (4.55 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 117.0.
Roughly 76.0% of the company shares are held by company insiders
Legal NameCREDITACCESS GRAME
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of CREDITACCESS GRAME's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
CREDITACCESS GRAME (CREDITACC) is traded on National Stock Exchange of India in India and employs 10,824 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 112.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CREDITACCESS GRAME's market, we take the total number of its shares issued and multiply it by CREDITACCESS GRAME's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. CREDITACCESS GRAME operates under Financial Services sector and is part of Credit Services industry. The entity has 155.58 M outstanding shares. CREDITACCESS GRAME has accumulated about 24.84 B in cash with (4.55 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 117.0.
Check CREDITACCESS GRAME Probability Of Bankruptcy
Ownership
CREDITACCESS GRAME retains a total of 155.58 Million outstanding shares. CREDITACCESS GRAME shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 75.79 percent of CREDITACCESS GRAME outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check CREDITACCESS Ownership Details

CREDITACCESS Stock Price Odds Analysis

What are CREDITACCESS GRAME's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of CREDITACCESS GRAME jumping above the current price in 90 days from now is about 47.81%. The CREDITACCESS GRAME probability density function shows the probability of CREDITACCESS GRAME stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon CREDITACCESS GRAME has a beta of -0.0436 suggesting as returns on benchmark increase, returns on holding CREDITACCESS GRAME are expected to decrease at a much lower rate. During the bear market, however, CREDITACCESS GRAME is likely to outperform the market. Additionally, the company has an alpha of 0.2152, implying that it can generate a 0.22 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 671.15HorizonTargetOdds Up 671.15 
52.05%90 days
 671.15 
47.81%
Based on a normal probability distribution, the odds of CREDITACCESS GRAME to move above the current price in 90 days from now is about 47.81 (This CREDITACCESS GRAME probability density function shows the probability of CREDITACCESS Stock to fall within a particular range of prices over 90 days) .

CREDITACCESS GRAME Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. CREDITACCESS GRAME market risk premium is the additional return an investor will receive from holding CREDITACCESS GRAME long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CREDITACCESS GRAME. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although CREDITACCESS GRAME's alpha and beta are two of the key measurements used to evaluate CREDITACCESS GRAME's performance over the market, the standard measures of volatility play an important role as well.

CREDITACCESS Stock Against Markets

Picking the right benchmark for CREDITACCESS GRAME stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CREDITACCESS GRAME stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CREDITACCESS GRAME is critical whether you are bullish or bearish towards CREDITACCESS GRAME at a given time.

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Our tools can tell you how much better you can do entering a position in CREDITACCESS GRAME without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Trending Equities. Note that the CREDITACCESS GRAME information on this page should be used as a complementary analysis to other CREDITACCESS GRAME's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Other Tools for CREDITACCESS Stock

When running CREDITACCESS GRAME price analysis, check to measure CREDITACCESS GRAME's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CREDITACCESS GRAME is operating at the current time. Most of CREDITACCESS GRAME's value examination focuses on studying past and present price action to predict the probability of CREDITACCESS GRAME's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CREDITACCESS GRAME's price. Additionally, you may evaluate how the addition of CREDITACCESS GRAME to your portfolios can decrease your overall portfolio volatility.
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